Sopra Steria to acquire an additional 65.26% stake in CS Group for €184m.

Sopra Steria, a consulting, digital services and software development provider, agreed to acquire an additional 65.26% stake in CS Group, a company that specialises in digitisation of operational systems, for €184m. “The tie-up between Sopra Steria and CS GROUP would create a benchmark player in digital services and engineering, a prime contractor for critical systems in the fields of defence & security, space, and nuclear energy. It would also strengthen our position in aeronautics and cybersecurity. Furthermore, it would confirm our positioning in digital sovereignty and trust supporting our major European public- and private-sector clients. Lastly, it would position us well in verticals which, in light of the geopolitical and energy situation, offer a very strong growth outlook over the coming years,” Cyril Malargé, Sopra Steria CEO.